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ReNew Energy Global (RNW)
NASDAQ:RNW
RNW Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.15 - $7.49
Previous CloseN/A
Volume333.31K
Average Volume (3M)1.16M
Market Cap
$2.44B
Enterprise Value$10.07B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)73.0
Beta0.72
Next Earnings
Feb 18, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding254,673,900
10 Day Avg. Volume834,702
30 Day Avg. Volume1,157,433
Standard Deviation0.12
R-Squared0.15
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.41
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.10Price Target Upside24.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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ReNew Energy Global News
PremiumCompany Announcements
ReNew Energy Global Divests 300 MW Solar Asset in Strategic Sale
PremiumCompany Announcements
ReNew Energy Global Receives Acquisition Proposal from ConsortiumPremiumCompany Announcements
ReNew Energy Global Reports Strong Q2 FY25 Results
PremiumCompany Announcements
ReNew Energy Global’s Growth in Operational Capacity
PremiumPre-Earnings
Is RNW a Buy, Before Earnings?
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceAdjusted PBT was higher than expected due to lower operating expenses and finance costs.
Growth PotentialThere is potential upside from selling solar modules into the US market.
Market PositionThe stock is considered attractive as it trades at a 60% discount to recently listed peers.
Bears Say
Debt LevelsNet debt has increased with a net debt/EBITDA ratio of 9.6x.
Earnings ExpectationsEarnings for the first quarter missed expectations, with both revenue and EBITDA falling below estimates.
Revenue PerformanceRevenue miss was due to lower wind PLF and lower solar PLF.
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Ownership Overview
―
Insiders
1.47% Mutual Funds
42.83% Other Institutional Investors
52.89% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RNW FAQ
What was ReNew Energy Global’s price range in the past 12 months?
ReNew Energy Global lowest stock price was $5.15 and its highest was $7.49 in the past 12 months.
What is ReNew Energy Global’s market cap?
ReNew Energy Global’s market cap is $2.44B.
When is ReNew Energy Global’s upcoming earnings report date?
ReNew Energy Global’s upcoming earnings report date is Feb 18, 2025 which is tomorrow.
How were ReNew Energy Global’s earnings last quarter?
ReNew Energy Global released its earnings results on Nov 19, 2024. The company reported $0.149 earnings per share for the quarter, beating the consensus estimate of $0.116 by $0.034.
Is ReNew Energy Global overvalued?
According to Wall Street analysts ReNew Energy Global’s price is currently Undervalued.
Does ReNew Energy Global pay dividends?
ReNew Energy Global does not currently pay dividends.
What is ReNew Energy Global’s EPS estimate?
ReNew Energy Global’s EPS estimate is -0.04.
How many shares outstanding does ReNew Energy Global have?
ReNew Energy Global has 254,673,900 shares outstanding.
What happened to ReNew Energy Global’s price movement after its last earnings report?
ReNew Energy Global reported an EPS of $0.149 in its last earnings report, beating expectations of $0.116. Following the earnings report the stock price went up 0.182%.
Which hedge fund is a major shareholder of ReNew Energy Global?
Currently, no hedge funds are holding shares in RNW
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ReNew Energy Global Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$8.10 (24.04% Upside)
$8.10 (24.04% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 323.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.50%
12-Months-Change
Fundamentals
Return on Equity
2.45%
Trailing 12-Months
Asset Growth
13.38%
Trailing 12-Months
Company Description
ReNew Energy Global
RMG Acquisition Corp II is a blank check company.
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RNW Company Deck
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RNW Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant achievements in megawatt commissioning, financial performance, and solar manufacturing. However, challenges in wind energy performance and potential PPA issues were noted. Overall, the highlights outweigh the lowlights, indicating a strong performance and strategic growth.Read More>---
RNW Stock 12 Month Forecast
Average Price Target
$8.10
▲(24.04% Upside)
Technical Analysis
Enphase Energy
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NextEra Energy
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SolarEdge Technologies
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Sunrun
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Brookfield Renewable
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Best Analysts Covering RNW
1 Year
1 Year Success Rate
6/8 ratings generated profit
1 Year Average Return
+6.20%
reiterated a buy rating 3 months ago
Copying Maheep Mandloi's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +6.20% per trade.
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